Leveling Up will need a new Funding Formula

The current National Funding Formula is fine as far as it goes. However, as I have written before on this blog, it is based upon a notion of equality that resembles the ‘equal slices of the cake’ model of funding distribution. That’s fine if that’s what you want out of the Formula, and the f40 Group of Local authorities have tirelessly campaigned for fair – more- funding for their areas. Again, they are right to do so.

However, if the new agenda has levelling up at its heart, then it is necessary to ask whether the present method of distributing cash to schools and other education establishments will achieve that aim?

As the debate about the High Needs Block of funding for SEND has made very clear, some children cost more to educate than others. If you want all children to achieve a minimum standard of education then some will always cost more to achieve that goal than others. The Pupil Premium recognised this fact. Changing the date of calculation and thus excluding some children from the Premium seems an odd way to start the ‘levelling up’ campaign.

There is a key decision for government to make if they really mean to introduce a ‘levelling up’ campaign in the school sector. Do you hypothecate, as with the Pupil Premium, creating funds only to be used for levelling up purposes or do you distribute more funds generally and leave it to the schools and Trusts to manage the distribution of the cash? This approach leaves maintained schools that are not academies in a bit of a limbo as they don’t have a mechanism to ‘pool’ funds for the common good, as MATs are able to do.

When it works well, the second approach is better, as it is less of a blunt tool than the first method as anyone that has read the history of school funding over the last century will know.

There is a further issue with a Formula tied to geographical areas, as this blog has noted before. Oxfordshire is largely an affluent county, but there are pockets of deprivation in Banbury and parts of Oxford; not to mention the issue of rural poverty as well. Any ‘levelling up’ agenda must tackle these issues in addition to the more obvious areas of underperformance in education achievements.

Overlaying this issue of ‘levelling up’ is the effect on the present Formula of the downturn in the birth rate and its consequences for small primary schools. Do we want them to compete by drawing in parents willing to drive their children to such schools? An alternative is to close them and let council Taxpayers pay the cost of transporting children to other schools. Might work in urban areas, but the Tories would quickly find that save our Schools campaigns can impact more on election chances for Councillors than almost anything else except perhaps closure of a local hospital. There are also implications for the climate change agenda. I would be interested to know where the Green Party stands on this matter.

Doing nothing won’t help the ‘levelling up’ agenda, so if the government is really serious in what it is saying, then action will be needed. Making all schools academies, however repugnant the loss of local democratic control is to people like me, does offer some levers hat MATs can use, but local authorities cannot under the present rules.

It will be interesting to see what plays out over the next few months in a debate where doing nothing will have as many consequences as doing something.

Are schools wasting £30 million pounds of public money?

TES Global, the largest supplier of paid-for teacher recruitment advertising in the field of education has just published their accounts for the year ending 31st August 2020. Those so far published are for TES Global Limited. Those for TES topco are yet to appear. The published accounts can be found on the Companies House page, by searching under TES Global.

The accounts for the year to 31st August 2020 included almost six months of the pandemic, so it is not surprising that turnover from continuing operations fell by around £2 million to £59.2 million. Thanks to interest receivable and other income of £25.3 million, the Group made an overall profit of £22.3 million. Without that income there would have been a loss of around £3 million; this despite cutting the wages and salary bill from just under £14 million to around £9.5 million, and slashing headcount from 235 to 191.

The sale of the TES owned Teacher Supply Business in December 2020, for a total consideration of £27 million including upfront cash of £12.5 million, will no doubt further help to strengthen the balance sheet. However, the income from those businesses were, presumably, included in these accounts.

Of interest to me, as Chair of TeachVac, and no doubt civil servants at the DfE running the DfE teacher vacancy site, was how the TES was doing serving the teacher recruitment market, and how much cash was it securing from state-funded schools for recruitment advertising, all of which is now on-line, like both TeachVac and the DfE sites.

As the TES has been pursuing a policy of persuading schools to pay an annual subscription for several years now, rather than point of sale advertising, the TES Group income has been less affected by the downturn in vacancies during the pandemic than it would have been if each advert had been paid for individually. A quick calculation from the published accounts suggests that while overall revenue fell by 4%, advertising revenue continued to benefit from the switch to subscriptions. Such income rose from £37.6 million the previous year to £42.4 million in 2019-2020. Traditional advertising income fell from £17.7 million to £10.9 million during the same period.

The TES has some 1,000 international schools and presumably schools elsewhere in the United Kingdom, as well as non- state-funded schools that contributed to the £42.4 million of revenue. A generous estimate might suggest perhaps £35 million was paid by state-funded schools in England in subscription income in 2019-2020 to the TES.

It is interesting to compare this with the DfE evidence to the STRB earlier this year, where at paragraph 45 they stated that:

With schools spending in the region of £75m on recruitment advertising and not always filling vacancies, there are very significant gains to be made in this area. Over 75% of schools in England 14 are now signed up to use the service and over half a million jobseekers visited Teaching Vacancies in 2020. https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/967761/STRB_Written_Evidence_2021.pdf

According to the latest DfE announcement, some 78% of schools have now signed up to the service https://www.publicsectorexecutive.com/articles/councils-encouraged-sign-dfes-free-teaching-vacancies-service?utm_source=Public%20Sector%20Executive&utm_medium=email&utm_campaign=12340062_Newsletter%2027%20Apr&dm_i=IJU,7CHNI,AUR327,TT9F6,1

I wonder where the other £30 million of so is going – surely not to the local press or eteach and The Guardian?

Either way, that is still a lot of cash schools are spending because they don’t have enough confidence in either TeachVac or the DfE sites to allow them to take the risk of not signing up to the TES. Or is it just inertia?

If the government is serious about helping schools save this money spent on recruitment advertising for other purposes, and the cash will surely be needed in the post-pandemic world, however speedy the recovery, given the amount of public cash spent in the past twelve months. There must be a campaign to encourage teachers to use the free sites, and for schools to always ask where applicants either received notice of the vacancy or saw the vacancy that they applied for. This will allow schools to evaluate the effect of paid-for advertising and the TES subscription compared with the use of the free sites instead.

Interestingly, TeachVac reached a new high of 6,000,000 hits in twelve months at the end of April. This was despite the fall in vacancies on the site during the past twelve months as schools cut the number of teaching post advertised.

May 2021 should be the first 1,000,000 hit month for TeachVac, with corresponding highs in visitors and vacancies matched as schools return to a more normal recruitment pattern, as explained in a previous post on this blog.

Another nail in the coffin of 3-tier schooling

Somerset County Council is to reorganise some of its remaining three tier schools into a more usual pattern of primary and secondary sectors according to a BBC story.

Council approves changes to Somerset schools

Somerset County Council has approved changes to nine schools in the Crewkerne and Ilminster area – saying that while the majority of responses to a public consultation had opposed the plans, no viable alternatives had been put forward. Pupils in the schools will move from a three-tier system (infant or junior, middle and upper) to a two-tier system (primary and secondary), with the change prompted by financial instability resulting from low pupil numbers. The Cabinet member for education and transformation said the decision marked a “significant milestone” following a “long and difficult journey”. https://www.bbc.com/news/uk-england-somerset-56430254

Three tier patterns of schooling, similar in nature to the private sector, pre-prep, prep and secondary school model were introduced into the state system in the late 1950s and early 1960s. Usually they were introduced in response to both the move towards non-selective secondary education and the most efficient use of school buildings following the requirement of the 1944 Education Act to remove the remaining all-age elementary schools. All-age schools became briefly fashionable again with the advent of academies, but I have yet to see any research evidence of whether they work any better than the dominant system with a break at eleven.

A few three tier systems still linger on, especially in Northumberland and a few other areas, but for the past two decades authorities have been unwinding most of the systems. There were two models at the height of the three tier approach. A switch to secondary at age 12, where the schools educating children up to twelve were regarded as primary schools and those with a break at 13. The 9-13 schools in those systems were regarded as secondary schools. This compromise affected the funding arrangements for pupils depending upon which system was in operation. Buckinghamshire used the former system whereas Bedfordshire chose the latter.

In Oxfordshire, the City of Oxford, in 1974, at the point where it lost its status as a County borough and became a district council with no further responsibility or schooling, opted for a three tier system of schooling, even though the rest of the county had opted for a two tier comprehensive system. In those days, the city was run by a Conservative administration, and there are those that think the choice of a different system to the county system reflected a view on the loss of perceived status by the city politicians. Certainly, it took until the end of the 1990s before the county achieved a single unified system of education. That lasted a mere decade before the arrival of academies once again fractured the landscape asunder.

Three tier systems had some impressive supporters including Sir Alec Clegg in the West Riding of Yorkshire. But, in the end, they were never destined to be more than a footnote in the history of state schooling in England.

Understanding Academy Finances

Recently, I came across a new study into the income and expenditure of academies by Xeinadin https://www.xeinadin-group.com/industries/academies/ When following up on that report, I also came across another and lengthier report from Kreston Reeves https://www.krestonreeves.com/news/academies-benchmark-report-2021/ published last month.

Both are interesting in their own ways. However, neither accounts clearly for the fact that there are different pay areas within the School Teachers’ Pay and Conditions Document and the annual recommendations from the School Teachers Review Body. Now, these differences do not matter when percentages are used, but comparing on cash figures may introduce some distortion in the outcomes if the difference between MATs in Inner London and those outside the London and Home Counties pay band areas are ignored, although the Kreston Reeves report does have some regional benchmarking data for six areas of England. Whether lumping together London and the South East and seemingly totally ignoring the East of England is helpful is a matter for the reader to decide.

Neither report considers the labour market for teachers nor the costs associated with it in detail, although there are discussions about both staff and supply teacher costs. Future reports might like to focus on both the costs of retention over recruitment, and the most cost effective ways of recruiting new staff.

I was interested to read in the Kreston Reeves report that:

“The full financial impact of the pandemic will not be known for a while yet. As schools went back in to another lockdown in January 2021, then the savings made in the first lockdown can perhaps be expected to recur, although as there are much higher numbers of key worker children in schools post Christmas, these savings are likely to be more modest. Where this leaves the Academy sector finances for the current academic year is anyone’s guess. The length and frequency of lockdowns, the criteria for allowing children into schools, and the education provided will all have an impact.” (Page 10)

Both reports discuss the matter of how much of a school’s budget is used for central costs of a MAT. They both seem to coalesce around a figure of 5%, although some MATs do seem to operate with either a much higher or lower percentage.  

The fact that academies are on a different financial year to local authority schools isn’t an issue for these reports, but is something that makes comparisons between the different types of schools more difficult, especially over a short-period of time.

How schools receive and spend their income is a matter for public interest, and these reports are helpful, in as far as they go, in understanding the academy sector, and especially the behaviours of MATs.

As most readers of this blog will know, I personally, prefer schools to be under the democratic oversight of locally elected councillors, albeit with a significant degree of autonomy. The fact that some schools have access to considerable letting income while other schools struggle to educate challenging groups of pupils on far less financial support is but one reason to ask for a system designed to benefit all pupils and not just some.

Suggestions on Savings ahead of the Spending Review

How might the Chancellor save money on education? Apart that is from the possible pay freeze? Over the years this blog has explored a number of different possibilities for savings. Two obvious ones are in the teacher preparation market and the cost of advertising vacancies.

The DfE uses the Teacher Supply Model to identify how many places to fund for teacher preparation courses going forward. Each year, it seems to overfund the number of places in subjects such as history and physical education, so that there are always trainees looking for teaching posts at the end of the year. Should the modelling also take into account data about vacancies to match against that of the other inputs, such as pupil numbers and the proxies for vacancies currently used in the model? Possibly several millions could be saved in fees paid to universities.

The other saving championed regularly by this blog, albeit with a degree of self-interest, is the spending on recruitment advertising by schools. The DfE has made an attempt to reduce this expenditure, but it has been half-hearted at best, and lacking in understanding of how the market operates. In the spring I offered the DfE my help in making their site the ‘go to’ place for teachers seeking jobs, but was rebuffed. Fair enough, but it is worth reading my recent post of the £3 a vacancy cost for recruitment.

Supply teaching is another expensive cost to many schools, especially this year with teachers either self-isolating or off sick with covid-19. Could bringing this spending back ‘in house’ save money by removing the profit element from the cost? Worth a look given that perhaps there will be a million supply cover days this term across the country, if the estimate from one authority that I have seen is grossed up.

Procurement in general is a big area for savings, but like these other savings it challenges the assumption that market-based capitalism will regulate prices. That might be true if schools shopped around, but they don’t, and monopolistic suppliers, whether local or national, have few incentives to reduce prices and introduce new technological solutions that can cut costs for schools.

The whole area of leadership costs must be looked at. How many MAT CEOs do we need across the country? How much more does the system cost to manage than 20 years ago, and is any extra value for money as a result? May be the extra high paid jobs are an incentive for more teachers to stay in the system, rather than leave or better paid jobs elsewhere?

School need more funds, and it is worth reflecting what might happen if effective savings are not made quickly? Some small schools will close, some pupils where parents cannot afford to support the school will possibly receive a worse education than they would have do if funding had been better, and teaching will still not be a career of choice, except in a recession. Even then, it needs to be a global recession, as teachers can now find work anywhere around the world.

More thoughts on school funding

Earlier this week I listened to the head of a leading group representing private schools tell us how much they saved the State, Their assessment of the amount was based upon the fees they received from parents.

Now, of course, the figure quoted was probably an exaggeration as even if it didn’t include income from overseas students, and the sector is a significant export earner in normal times, then the fees received for pupils resident in this country are higher than the State would be prepared to pay to educate these young people, except in the case of SEND places in specialist schools.

Even allowing for these caveats, if the unemployment associated with the pandemic really does slow down the economy, then, inevitably, some parents may decide that private schooling is something they can no longer afford. There will be bursaries and scholarship and grandparents will offer help, but every child that switches from the private sector to the State sector creates winners and losers and is an additional cost to the State.

Schools that gain pupils will receive extra funding in the fullness of time. However, unless the overall pot of cash increases, there will be less for everyone. With school rolls overall still increasing, especially in the more expensive to fund secondary sector, this possible demand for extra cash could not come at a worse point in the demographic cycles. Any switch to funding for vocational skills, and especially for the Further Education sector, will also make finding additional funding for schools more of a challenge for the Secretary of State in his talks with The Treasury. With pressure to pay the least well-off in society more, increasing teachers’ pay rather than that of support staff may well be a real challenge unless class sizes increase and teacher numbers are reduced.

So, how might schools react? Finding saving won’t be easy, but here are a couple of suggestions. Firstly, and not surprisingly, cut back on recruitment costs. The DfE vacancy site isn’t doing the job it was set up to do. As a result, the profession should create a working party to attack the recruitment costs with the aim of saving schools perhaps £20 million a year. A really effective scheme could save even more.

Secondly, take the profit element out of supply teacher costs. Thirty years ago, local authorities were inefficient and uncoordinated in carrying out this function for schools. Costs have been driven down, but market economics has created a business with a profit element. Removing this element by either taking it back in house or creating a fixed price model could again help save cash for schools.

The third, and most radical suggestion, is around the funding of teachers’ salaries. In the education governance revolution of thirty years ago, decisions about salary bills were delegated to individual schools, with each schools funding being based upon a notional average salary bill. Previously, schools had their salary bill paid for by local authorities based around a framework of school Group Sizes that generated numbers of promoted and leadership posts for each school.

These days. MATs can set salary policies for all their schools, but local authorities cannot for maintained schools. Such policies can affect wage bills, and especially the cost of promoted posts and leadership positions. Young teachers are cheap; older more experienced teachers cost more. Do we want our more experienced teachers leading our more challenging schools? Could a more logical system that took the wage bill for teachers away from schools save money? I don’t know the answer. But, the wage bill is the largest cost in education and it is worth asking the question: how can we protect the income of teachers and other school staff in a time when pressure on the public purse is immense and are their efficiencies that can be made? A notional staffing model that school could test themselves against might be a start. Now is surely time for some radical thinking around the goals we want education to achieve for Society. Depriving the deprived is not one of them.

The author is Chair of TeachVac, the job board for teachers http://www.teachvac.co.uk

School Funding webinar: some thoughts

Last evening I listened in on a webinar about school funding. There are three points that arise from the webinar I found interesting.

Firstly, schools regularly claim to have made all efficiencies possible. However, despite the efforts of the DfE to establish a recruitment web site, and of my own company TeachVac to provide a free service, recruitment spending by schools still runs into many millions of pounds each year.

The problems with the DfE vacancy site are that it requires action on behalf of schools to post vacancies and that it is unattractive to teachers. This is because it does not include both state funded and private schools, and teachers may want a site where they can find all vacancies, such as TeachVac, especially when job hunting is a challenge.

In March, after lockdown, I offered the DfE a free feed of vacancies for three months to include all the vacancies that they didn’t carry on their site found by TeachVac, but was rebuffed. I have heard nothing since.

According to my analysis, the DfE site is still only carrying a proportion of all teaching vacancies, and about 3-4% of vacancies on the DfE site at any one time are vacancies that are not for teachers. The teacher associations seem to have little or no interest in persuading their members to switch to a free site.

Secondly, there is the issue of small primary schools and falling rolls. The current Funding Formula may adversely affect such schools where the loss of only a small number of pupils will impact upon the bottom line of their budget. Closing such schools means children cannot walk or cycle to school, but must be transported by car or bus and this can impact on Council Budgets if free transport is required for the youngest pupils required to travel more than two miles to the next school. In Oxfordshire, there are a large number of small village schools and any closure might have an effect on transport costs for the County. Transporting pupils also adds to climate change issues.

Thirdly, Luke from the IFS mentioned the loss of relative funding for the schools serving deprived areas. He queried whether local government re-organisation might be part of the cause. This seems odd since, apart from Cornwall and Wiltshire, most unitary authorities are smaller than the shire counties they replaced.

In Oxfordshire, one issue is around a small concentrated area of severe deprivation in South East Oxford that is masked within a generally affluent County. As a result, the Funding Formula does not take account of the need of these schools, and there is little by way of mechanisms other than the Pupil Premium to assist with further funding.

To add insult to injury, such schools cannot raise funds from parents as is the case in the more well-off parts of the City of Oxford. The government has experimented with Opportunity Areas, and Oxfordshire’s Education Scrutiny Committee has wondered whether such a scheme might be useful locally. However, there seems to be no mechanism to recognise this issue and provide for additional funding for schools in these areas. I am reminded of the book written in the 1970s about school funding called ‘depriving the deprived’. Seemingly we have headed back in that direction despite talk of leveling up.

Swallows and summer

If there is one thing more certain than swallows appearing in summer then it is that during a recession private schools will go bust, either on the first day or the summer holidays or the last. The actual day will depend upon how close to the line the fee income is in meeting the bills, and especially the wage bill for the following year.

The present recession is even more challenging for these schools, since the furlough scheme has muddied the waters on exactly how many people will be made redundant, and when. Even though most redundancies will be among the population that cannot afford private education, some managers and higher paid staff will lose their jobs.

Today, I learnt of a variant of the closure approach. A private school cannot recruit enough pupils for the infant years and, as a result, has closed just that section of the school. Parents are incensed, as expected. The local authority will have to find places for these children if approached by the parents, and, because the children include some than come from some distance to the school, this may add the transport bill footed by local Council Taxpayers. Parents may not have a choice of schools and will feel aggrieved. However, other local private schools may also offer to help if they have spare places.

There will be calls for politicos to help fund the school as a business. I don’t support that approach. Private education was the choice of parents when deciding how to educate their children. To  fund schooling for these parents would be to risk either a charge of discrimination if, for instance, classes are smaller than in local state schools or the start of a voucher system for all, a policy option sometimes advocated by those that believe that parental choice should be backed by the cash to make it possible for all.

Some private schools with considerable numbers of boarders, often from overseas, are looking to put their teaching and learning experience completely on-line for the autumn. This will reveal the extent to which parents are paying for the school name as much as the education they receive. Such an approach may well help these schools to weather the covid-19 storm until, hopefully, a return to normal in September 2021.

Private education has become big business in Britain, and an earner of foreign currency, especially in the higher education sector. Some universities will be hard hit if foreign student stay away. It won’t necessarily be those universities attractive to home students, but those that cannot fit the gaps left. Closures and amalgamations are as likely in the higher education sector as in the private school sector.

Ironically, after years of under-funding, perhaps the further education sector might just see a renaissance if there really is a focus on vocational courses and apprenticeships.

Can a mean be mean?

When I first moved from teaching in a Tottenham secondary school to higher education in Oxford I brought with me an interest in the disparity of funding for schools. Partly this was because working in Haringey, and having been brought up right on the border with the London County Council – by then the Inner London Education Authority – I was aware of the disparity of funding for schools in Haringey compared with those just across the border in Hackney.

One of the early books I read on the subject was by John Pratt and his co-authors and was entitled ‘Depriving the Deprived’. Published in 1979 by what was then, Kogan Page. The book was based upon research that looked at school funding in one London borough over the course of a single year.

I was reminded of this when looking at the latest Free School Meals data for England, published by the DfE last Thursday. As a measure of potential deprivation it as good as it goes. If you consider Oxfordshire, generally rightly regarded as an affluent part of South East England, by the data on Free School Meals taken on census day for the six parliamentary constituencies, you find the following

% of children on Free School Meals on Census day Oxfordshire’s constituencies ranks

Oxford West

& Abingdon                           8th lowest out of 534 

Henley                                   28th lowest

Witney                                  35th lowest

Wantage                               55th lowest

Banbury                                94th lowest

Oxford East                        237th lowest -.i.e. about halfway 

Within Oxford East, some wards will be even worse ranked than others. Now this shouldn’t matter with a National Funding Formula for schools. But it does, because not all the funding calculations take into account differences between schools, rather than between local authorities. Indeed, if each district council area was a unitary council with education responsibility their funding might be different. But, none of the districts are large enough to ‘go it alone’ in the present funding regime.

As a result of the general affluence of Oxfordshire, the nine most deprived council wards in the county; five of which are in Oxford East constituency; three in Banbury and the other one in Oxford West and Abingdon constituency, probably lose out on funding compared to if they were part of a urban area. Such funding arrangements do not help close the achievement gap between high performing areas and the lowest performing schools in the county.

Now, of course, if all secondary schools in the county were in a single Multi-Academy Trust, the Trust could move funds around to mean the extra need of schools in deprived area, albeit by reducing the amount some schools received. However, with many different Trusts, and one remaining maintained secondary school, this option isn’t possible.

Another option of creating an ‘Opportunity Area’, used by Conservative governments in some other parts of the country, mostly in the North of England, doesn’t seem to be open to East Oxford, even though it has been suggested as an option.

So, taking the mean as a measure of funding may really mean depriving those living in some areas 40 years after the issue was exposed in one London borough.

Who is in control of education spending?

On Election Day, the DfE published the annual dataset for expenditure by local authorities on children services, including maintained schools. The figures, as they relate to schools, are generally meaningless on a year by year comparison basis as the DfE doesn’t remove the new academies from the previous years’ data when they were still maintained schools.

For children’s social services and youth Justice, the data does have meaning over several years because local authorities still administer these services. However, there are few indicators to link expenditure to demand. In areas such as ‘children taken into care’, where numbers of children have been increasing in some areas this fact isn’t clear from the presentation of the data.

Research by the Reform think tank using this data shows that 28% of local authority maintained secondary schools in England were in the red at the end of 2018-19, with an average deficit of £570,000.

Reform found that since 2010-11, the proportion of local authority-funded secondary schools with no cash reserves has almost doubled. However, this is not surprising since to become an academy a school must normally not have a deficit.

The proportion of primary schools in deficit is smaller at 8%, having increased by 2.1 percentage points over the same period. The study also found “drastic” variations between schools, with 36% of maintained secondary schools having an “excessive surplus” of cash in the bank – on average more than £390,000.

Generally, in 2018-19 the gap between the average surplus and the average deficit has doubled over the period since 2010-11. At the end of 2018-19 there was more than 30 secondary schools with deficits in excess of £1 million. Only six of these schools were in London, with the Boroughs of Croydon and Enfield each containing two such schools. There were no schools in either the East of England or the East Midlands with deficits in excess of £1 million. The West Midlands, on the other hand, had six such schools.

The largest deficit, of more than £3 was linked to a school in West London that has run deficits in excess of £400,000 in each of the last four years, according to the DfE financial monitoring site for schools https://schools-financial-benchmarking.service.gov.uk/school/detail?urn=102449&tab=Balance&unit=AbsoluteMoney&format=Charts#financialSummary Its revenue reserve per pupil were running at a staggering minus £4,614 per pupil at the end of 2018-19. Interestingly, an Ofsted monitoring visit report from October this year doesn’t mention the financial situation at all, so presumably there isn’t seen to be an issue with a deficit of this magnitude? The last full inspection report from October 2018 also fails to mention the financial situation, and any effect it might have on the school’s ability to perform its core function of teaching and learning.

The data on maintained school finances does seem to suggest that there might be a lack of accountability for financial stability and the methods of managing deficits. There seems little point in a National Funding Formula if some schools can drive a coach and horses through the outcomes and rack up large deficits.

What is probably revealed is that some schools need more funding to achieve their aims, and with devolved budgets and governance it isn’t clear who has to take overall responsibility in the present climate.